Breaking Finance News

Paylocity (NASDAQ:PCTY) stock price target increased to $56.00, released a research note earlier today by RBC Capital

Reporting a potential upside of 0.24%, RBC Capital raised the target price of Paylocity (NASDAQ:PCTY) to $56.00

Yesterday Paylocity (NASDAQ:PCTY) traded 1.80% higher at $45.00. Paylocity’s 50-day average is $48.53 and its two hundred day average is $45.61. With the last stock price close down 12.55% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the same time. 88,568 shares of Paylocity exchanged hands, down from an avg. trading volume of 226,725

Performance Chart

Paylocity (NASDAQ:PCTY)

With a total market value of $0, Paylocity has P/E ratio of 427.75 with a 52 week low of $29.69 and a 52 week high of $52.00 .

In addition to RBC Capital reporting its stock price target, a total of 11 brokers have issued a report on Paylocity. The 12-month price target is $43.45 with zero analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero firms rating the stock a underperform, and finally 0 firms rating the company a sell.

General Company Details For Paylocity (NASDAQ:PCTY)

Paylocity Holding Corporation is a cloud-based provider of payroll and human capital management (HCM), software solutions for medium-sized organizations. The Company's services are provided in a software-as-a-service delivery model utilizing its cloud-based platform. The cloud-based platform provides a suite of applications using a multi-tenant architecture. The cloud-based platform features a suite of unified payroll and HCM applications. The Company, through cloud-based platform, offers various products, which include Paylocity Web Pay, Paylocity HR, Paylocity Affordable Care Act Enhanced, Paylocity Impressions, Performance Management, Self-Service HR Portals, Paylocity Recruiting, Paylocity Web Time, Paylocity Web Onboarding, and Paylocity Web Benefits and Paylocity Enterprise Benefits, Powered by bswift. The multi-tenant software platform is configurable and includes a unified suite of payroll and HCM applications, such as time and labor tracking, benefits and talent management.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *